What are the socio-economic issues of India from a MNC manufacturing company view? Need analysis describe the appropriate techniques and procedures for mitigating the risks identified for India. Use the Delphi techniques, sensitivity analysis, checklist approach, or standard deviation of cash flows. From the analysis use qualitative and quantitative techniques such as forward market hedge, money market hedge. Need list of cite sources© BrainMass Inc. brainmass.com October 24, 2018, 11:07 pm ad1c9bdddf
The response addresses the queries posted in 969 words with references.
//Before writing about the socio-economic issues of India, we have to understand the macro environmental factors that should be considered by all kinds of Business Organizations. Then, we will discuss about the socio-economic issues of India from the MNC Manufacturing Company's point of view. It will assist in understanding the issues related to the socio-cultural and economic factors that should be considered by the Organizations for getting success in the business.//
Before starting a business, all organization should make the macro environmental factors analysis in order to study the position of the industry, the economy, nature of the competition, the scope of invasion by substitute products, etc. In other words, it can be said that the environmental survey is essentially a diagnosis of the changes in the environment. The socio-cultural as well as economic issues of India from the point of view of a MNC manufacturing company are:
1. Economic Issues:
The economic environment of India is a vital component of the mega environment. Industry and business highly depend on economic environment. The fortune of industry and of any MNC company rests heavily on the purchasing power of the people and purchasing power is largely a product of the economic environment (Ramaswamy & Namakumari, 2005). The factors that should be considered under economic environment by the manufacturing company are:
Ø The economic conditions of India
Ø Rate of growth of the economy (GDP), rate of growth of each sector like agriculture, industry, consumer goods, etc.
Ø Rate of inflations and ...
865 Words, APA Format
Submit a report in which you explain the types of cultural or socioeconomic differences between your selected country and the United States
For the past 4 years, you have been working as a Business Analyst for a company named Pacific Oceanic Tech. Pacific Oceanic Tech., which is located in Los Angeles, California, manufactures and sells computers and computer software solely within the domestic market and Canada. Your company is in the process of expanding internationally and they have assigned you to a new position gathering valuable information regarding operations. Your new manager, Mr. Johnson, explains to you that the new position requires examining the potential of developing new operations in an emerging nation, and for you to prepare relevant profiles and analyses.
For your first order of business, your manager, Mr. Johnson requests that you select an emerging nation that appears to have promise as a good market for your company's product. He also explains that he will be giving you assignments which will test your knowledge and understanding in economic data, economic development, culture, linguistics, history, and ethics for the country that you have chosen.
Find and use at least 3 online resources for your data, and provide the links in your report.
Your manager, Mr. Johnson, was impressed with the country you chose, and he wants you to give him more information regarding your host country. He explains that you must prepare a report for him discussing the health of the economy and the business environment of your selected country. He also explains that the report should contain researched information regarding the types of cultural or socioeconomic differences between your selected country and the United States that could result in organizational or operational mistakes for your company.
For this assignment, you must submit a report in which you explain the types of cultural or socioeconomic differences between your selected country and the United States that could result in organizational or operational mistakes for your company. Report on any key data that will inform your manager of the most important possible differences between your host country and the U.S. market. Additionally, you must submit 2 data tables that show the difference between your host country and the United States.
For full credit, you must address the following in your report:
The business environment
The health of the economy
The types of cultural or socioeconomic differences between your selected country and the United States, which could result in organizational or operational mistakes for your company
The total population
Population growth rates
Ethnic and religious makeup
Per capita GDP
Education levels and literacy rates
Statistics on the socioeconomic variables
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